Corporación América Airports reports $0.47 GAAP EPS missing estimates by $0.08 while revenue surges to $537.6M.
Corporación América Airports posted a Q1 GAAP EPS of $0.47, falling short of expectations by $0.08. Revenue reached $537.6M, a 20.1% year-over-year increase, exceeding estimates by $58.1M.
Passenger traffic rose 7.0% to 21.8 million, while cargo volume increased 1.7% to 95.2 thousand tons. The revenue beat contrasts with the earnings miss, highlighting mixed performance in the quarter.
No immediate market reaction details were provided in the release.